Topic
Audits
355 published works
Global Regulation Tomorrow
Financial Services Wrap – July and August 2024
By Ray Giblett (AU), James Morris (AU), Liz Hastilow, Rajaee Rouhani, Jeremy Moller, Charles Nugent-Young, Merren Taylor, Timothy Chan (AU), Joshua Kan, Steven Li, Mia Blundell
July and August saw significant developments in Australia’s financial services landscape. Notably, ASIC acknowledged the royal assent of the Treasury Laws Amendments (Delivering Better Financial Outcomes and Other Measures) Act…
The Securities Law Blog
SEC Approves a New PCAOB Quality Control Standard
The Securities and Exchange Commission today approved the Public Company Accounting Oversight Board’s (PCAOB) new quality control (QC) standard and related amendments to its standards, rules, and forms. QC 1000,…
Global Regulation Tomorrow
New briefing note – Insights from the FRC Annual Enforcement Review 2024
By Katie Stephen (UK), David Harris (UK), Zara Khan
Following on from the UK Financial Reporting Council (FRC) publishing its plan and budget for 2024-25 earlier this year, the King’s Speech in July signalled that the long-awaited transition of…
Cooking with SALT
Curious Developments in New Jersey Audits
Great analysis by my colleague, Katie Quinn, on New Jersey's request for quotes for transfer pricing consultants. New Jersey transitioned to combined reporting, why do they anticipate a need for…
Compliance Building
The One With the Fake Gatekeepers
If you’re going to commit financial fraud, you need to figure out a way not only to deceive your “investors” but also the gatekeepers involved in the process. Your auditor…
Ogletree Deakins Insights
OFCCP Identifies 500 Supply and Service Establishments for Audits in Its 2024 Corporate Scheduling Announcement List
By By: Lauren B. Hicks, T. Scott Kelly
Quick Hits On June 7, 2024, OFCCP published a CSAL that identified 500 establishments of federal supply and service contractors and subcontractors for compliance reviews. The CSAL operates as a…
Food Safety News
Internal Auditing is Key – Here’s Why
-- ADVERTORIAL -- Why is Auditing so Important? The food industry has seen unprecedented technological advancements, significantly enhancing operational efficiency and reducing costs. More importantly, these innovations underscore the pivotal…
SEC Actions
Audit Firm/Partner Fined for Repeated Violations of Rules
A key part of investor safeguards in the market place regarding public companies is the requirement that financial information be reviewed and audited by public accountants registered with the Public…
EB-5 Insights
How EB-5 Regional Centers Can Prepare For USCIS Audits
By Jennifer Hermansky, Miriam C. Thompson
On April 9, U.S. Citizenship and Immigration Services introduced audit guidelines for EB-5 regional centers as part of the EB-5 Reform and Integrity Act. Prior to the RIA passage in…
SEC Actions
The Number of Accounting & Auditing Cases Increased in FY2023
The Number of Accounting & Auditing Cases Increased in FY2023 There was a 22% increase in the number of accounting and auditing cases filed by the SEC in FY 2023,…